Listing provided courtesy of Forgotten Coast Realty of NW Florida LLC- MLS# 785196MLS Provider

111 S 31st Street #A & BMexico Beach, FL 32456

Multi-Family · 12 Beds · 12 Full Baths · 2 Half Baths · 7,514 Sq. ft. | 0.17 Acres
$3,599,000 Active

111 S 31st Street #A & B Overview

Time on Site:
104 days
Visits:
0

Investment Opportunity! Established Rental Income! Rent ready gem, luxury duplex, fully furnished & equipped to attract vacationers looking for a memorable stay in Mexico Beach. Total of 12 en-suite bedrooms, along with two half baths and two bunk rooms, the property can comfortably host large groups, making it a lucrative investment in Florida's thriving rental market. This stunning luxury duplex in Mexico Beach, FL, is more than just a home; it's a gateway to creating unforgettable memories with family and friends. With its prime location, luxurious amenities, and versatile living options, it stands out as an exceptional opportunity for anyone seeking a slice of paradise. Whether you envision it as your dream home, a vacation getaway, or a profitable investment, this property is ready to welcome you to the best of beachside living. Each Side - Level 1: The first level greets you with a spacious foyer & a convenient half bath, setting the tone for the elegance that follows. Level 2: Ascend to the second level, where you'll find a spacious living-dining-kitchen area adorned with designer furniture. The gourmet kitchen features granite countertops, stainless steel appliances, a stylish backsplash, and exquisite wood cabinets, along with a charming farm sink. This level also includes a cozy bedroom with an en-suite bath, a powder room, & a laundry area. A covered porch provides stunning views of the beach and is the perfect spot for sunset watching. Level 3: On the third level, three additional bedrooms with en-suite baths ensure privacy and comfort for family members or guests. A covered porch offers a private escape to catch the refreshing Gulf breeze, making this level a perfect retreat after a day of beach fun. Level 4: Family Fun Zone The fourth level is dedicated to recreation, featuring a family area perfect for kids, along with two more bedrooms. One of these bedrooms is a fun haven, equipped with three sets of twin bunk. Enjoy the heated cocktail pool, a putting green & covered patio.

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111 S 31st Street #A & B Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,514
  • Price/Sq.ft. $479
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Port St. Joe
  • Middle Or Junior School: Port St. Joe
  • High School: Port St. Joe

Building Information

  • New Construction: false
  • Year Built: 2023

Location/Region

  • County Or Parish: Bay
  • MLS Area Major: 05 - Bay County - East
  • MLS Area Minor: 0517 - Bay East - Mexico Beach
  • Postal City: Mexico Beach
  • Subdivision Name: No Named Subdivision

Community/Development

  • Community Features: Short Term Rental Allowed

General Information

  • Parcel Number: 04561-000-000 & 04561-010-000
  • Property Sub Type: Duplex
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 8.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 12
  • Bathrooms Half: 2
  • Bathrooms Total: 14
  • Bedrooms Total: 12

Building Interior

  • Building Area Total: 7514.0

General Information

  • Appliances: Electric Cooktop,Electric Range,Electric Water Heater
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Double Vanity
  • Living Area Source: Appraiser
  • Rooms Total: 12
  • Units Furnished: All Units

Unit Information

  • Unit Number: A & B

Exterior

Lot Information

  • Lot Features: Paved
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 72 x 106
  • Lot Size Square Feet: 7405.0
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Duplex
  • Attached Garage: false
  • Construction Materials: HardiPlank Type,Wood Frame
  • Patio And Porch Features: Balcony,Covered,Patio,Porch
  • Roof: Metal
  • Structure Type: Duplex

General Information

  • Exterior Features: Outdoor Shower
  • Fencing: Fenced
  • Pool Features: Gunite,Electric Heat,In Ground,Private
  • Pool Private: true
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Connected,Electricity Available

Room Information

Room: Bonus Room

  • Level: Fourth
  • Dimensions: 13 x 11
  • Length: 13.0
  • Width: 11.0

Room: Bonus Room

  • Level: Fourth
  • Dimensions: 13 x 11
  • Length: 13.0
  • Width: 11.0

Room: Kitchen

  • Level: Second
  • Dimensions: 15 x 12
  • Length: 15.0
  • Width: 12.0

Room: Kitchen

  • Level: Second
  • Dimensions: 15 x 12
  • Length: 15.0
  • Width: 12.0

Room: Living Room

  • Level: Second
  • Dimensions: 20 x 15
  • Length: 20.0
  • Width: 15.0

Room: Living Room

  • Level: Second
  • Dimensions: 20 x 15
  • Length: 20.0
  • Width: 15.0

Room: Other

  • Level: Second
  • Dimensions: 20 x 8
  • Length: 20.0
  • Width: 8.0
  • Features: Balcony

Room: Other

  • Level: Second
  • Dimensions: 20 x 8
  • Length: 20.0
  • Width: 8.0
  • Features: Balcony

Room: Bedroom

  • Level: Third
  • Dimensions: 12 x 10
  • Length: 12.0
  • Width: 10.0

Room: Bedroom

  • Level: Third
  • Dimensions: 12 x 10
  • Length: 12.0
  • Width: 10.0

Room: Primary Bedroom

  • Level: Third
  • Dimensions: 15 x 13
  • Length: 15.0
  • Width: 13.0

Room: Primary Bedroom

  • Level: Third
  • Dimensions: 15 x 13
  • Length: 15.0
  • Width: 13.0

111 S 31st Street #A & B Neighborhood

Community

32456 (PORT ST JOE) Demographics

50
Median Age
64
Population Density (per sq. mile)
44%
College Educated
$57,872
Estimated Median Income
2,654
Estimated Total Home Owners
965
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

111 S 31st Street #A & B Monthly Cost

$
$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

111 S 31st Street #A & B Market Data

Based on the last 30 days in this zip code

$901,569
Average List Price
$448
Average Price per Square Foot
68
Properties Sold
71
Average Days on Market
951
Properties for Sale
Calculations provided by Reliance Network

111 S 31st Street #A & B History

Date Event Value Agent
6/2/2026Source: Central Panhandle MLS Price Reduction
$3,599,000 -2.7%
4/20/2026Source: Central Panhandle MLS Price Reduction
$3,699,000 -1.3%
3/24/2026Source: Central Panhandle MLS Price Reduction
$3,749,000 -3.3%
3/17/2026Source: Central Panhandle MLS Added to Database
March 17, 2026